Nick Hedges
Nick Hedges leads Raintree, the EMR and practice management platform trusted by many of the largest rehab therapy organizations in the country. He became CEO in 2022 after a 25-year career building high-growth software companies, including Velocify, which he led for a decade before its sale to Ellie Mae, and MomentFeed. A veteran of Bain & Company and Accenture and a Harvard Business School graduate, he moved into healthcare looking for work that would make a real dent, and found it in rehab therapy. Today he is betting Raintree's future on becoming AI-native, so practices can spend less on administration and more on patients.
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Aug. 7, 2026
The Hidden 7%: What It Really Costs to Get Paid in Rehab Therapy-and How to Reduce It
An experienced biller stuck on hold with an insurance company all afternoon is a cost many clinics quietly learn to accept. Nick Hedges, CEO of Raintree, calls revenue cycle management the most expensive, most human-hours-lost problem in the entire industry, and his clients spend 7% or more of everything they collect just to get paid. That number is why Raintree acquired Spike Technologies, the agentic AI company Povilas Gudzius co-founded after earning his PhD in machine learning. Hear why th...
Guests: Povilas Gudzius, PhD , Nick Hedges